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Tuesday, June 29, 2010

Free Fall - AMZN - same hour small loss -

5 minute chart

(Double Click Picture for a Larger View)
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Stock:AMZN
Entry Bar: 6
Time Frame:
5 minute

Entry Green Line
: 113.27

Stop Red Line
: 112.29
Result: small loss stop
Setup Grade
: B
Notes
:Dumped right when news came up....moved stop to low of last 5 minute bar

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.

1 comments:

Paul said...

Nice, I like the fact that you show the trades that work as well as those that don't even though they are in your plan. Not all trades work!

Disclaimer

I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION & SCHWAB.